Are you dreaming of owning a Honda CD 70 or any other motorcycle but hesitant about the financial burden? Meezan Bank’s bike on installment in Pakistan makes your dream a reality with its Shariah-compliant bike financing solutions. Our unique Meezan bike ijarah calculator simplifies the process, offering an easy and transparent way to own a Honda 70 in Pakistan. Here’s an overview of our Honda CD 70 installment plan and more.
1-Year Honda CD 70 Monthly Installments Plan with Meezan Bank
For those looking to own the popular Honda CD 70 through a convenient financing solution, Meezan Bank offers a comprehensive 1-year, 12-month installment plan. This plan is tailored for customers seeking a Honda CD 70 in instalments under the umbrella of Meezan Bank’s 0 markup installment plan bike and bike Ijarah calculator services. Let’s explore the different down payment options and their respective monthly payments for this sought-after motorcycle.
Here is the calculator for the Honda CD 70 12-month installment plan with Meezan Bank:
Installment with 15% Down Payment
Details
Values
Down Payment (%)
15%
Down Payment
23,685
Processing Fee
1,800
Total Upfront
25,485
Monthly Charges
13,417
Total Cost
186,489
Installment with 20% Down Payment
Details
Values
Down Payment (%)
20%
Down Payment
31,580
Processing Fee
1,800
Total Upfront
33,380
Monthly Charges
12,627
Total Cost
185,104
Installment with 25% Down Payment
Details
Values
Down Payment (%)
25%
Down Payment
39,475
Processing Fee
1,800
Total Upfront
41,275
Monthly Charges
11,838
Total Cost
183,719
Installment with 30% Down Payment
Details
Values
Down Payment (%)
30%
Down Payment
47,370
Processing Fee
1,800
Total Upfront
49,170
Monthly Charges
11,049
Total Cost
182,334
Installment with 35% Down Payment
Details
Values
Down Payment (%)
35%
Down Payment
55,265
Processing Fee
1,800
Total Upfront
57,065
Monthly Charges
10,260
Total Cost
180,949
Installment with 40% Down Payment
Details
Values
Down Payment (%)
40%
Down Payment
63,160
Processing Fee
1,800
Total Upfront
64,960
Monthly Charges
9,470
Total Cost
179,564
Installment with 45% Down Payment
Details
Values
Down Payment (%)
45%
Down Payment
71,055
Processing Fee
1,800
Total Upfront
72,855
Monthly Charges
8,681
Total Cost
178,179
Installment with 50% Down Payment
Details
Values
Down Payment (%)
50%
Down Payment
78,950
Processing Fee
1,800
Total Upfront
80,750
Monthly Charges
7,892
Total Cost
176,794
2-Year Honda CD 70 Monthly Installments Plan with Meezan Bank
For those looking for a longer tenure to finance their dream bike, Meezan Bank offers a comprehensive 2-year, 24 months installment plan. This option is ideal for customers seeking an extended period for their Honda CD 70 installment or a more manageable motorcycle instalment plan. The Meezan bike ijarah and bike ijarah calculator extend their convenience to this 2-year plan, ensuring a smooth and Shariah-compliant process for a bike on installment in Pakistan.
Here is the calculator for the Honda CD 70 24-month installment plan with Meezan Bank:
Installment with 15% Down Payment
Details
Values
Down Payment (%)
15%
Down Payment
23,685
Processing Fee
1,800
Total Upfront
25,485
Monthly Charges
7,854
Total Cost
214,161
Installment with 20% Down Payment
Details
Values
Down Payment (%)
20%
Down Payment
31,580
Processing Fee
1,800
Total Upfront
33,380
Monthly Charges
7,392
Total Cost
211,368
Installment with 25% Down Payment
Details
Values
Down Payment (%)
25%
Down Payment
39,475
Processing Fee
1,800
Total Upfront
41,275
Monthly Charges
6,930
Total Cost
208,575
Installment with 30% Down Payment
Details
Values
Down Payment (%)
30%
Down Payment
47,370
Processing Fee
1,800
Total Upfront
49,170
Monthly Charges
6,468
Total Cost
205,782
Installment with 35% Down Payment
Details
Values
Down Payment (%)
35%
Down Payment
55,265
Processing Fee
1,800
Total Upfront
57,065
Monthly Charges
6,006
Total Cost
202,989
Installment with 40% Down Payment
Details
Values
Down Payment (%)
40%
Down Payment
63,160
Processing Fee
1,800
Total Upfront
64,960
Monthly Charges
5,544
Total Cost
200,196
Installment with 45% Down Payment
Details
Values
Down Payment (%)
45%
Down Payment
71,055
Processing Fee
1,800
Total Upfront
72,855
Monthly Charges
5,082
Total Cost
197,403
Installment with 50% Down Payment
Details
Values
Down Payment (%)
50%
Down Payment
78,950
Processing Fee
1,800
Total Upfront
80,750
Monthly Charges
4,620
Total Cost
194,610
3-Year Honda CD 70 Monthly Installments Plan with Meezan Bank
Meezan Bank further extends its flexible financing options with a 3-year, 36 months installment plan for the Honda CD 70. This plan is tailored for those who prefer an extended payment period, making it easier to manage finances while enjoying the benefits of owning a motorcycle. Utilize the Meezan bike ijarah and bike ijarah calculator for an effortless experience in acquiring your bike on installment in Pakistan.
Here is the calculator for the Honda CD 70 36-month installment plan with Meezan Bank:
Installment with 15% Down Payment
Details
Values
Down Payment (%)
15%
Down Payment
23,685
Processing Fee
1,800
Total Upfront
25,485
Monthly Charges
6,071
Total Cost
242,041
Installment with 20% Down Payment
Details
Values
Down Payment (%)
20%
Down Payment
31,580
Processing Fee
1,800
Total Upfront
33,380
Monthly Charges
5,714
Total Cost
238,736
Installment with 25% Down Payment
Details
Values
Down Payment (%)
25%
Down Payment
39,475
Processing Fee
1,800
Total Upfront
41,275
Monthly Charges
5,357
Total Cost
235,431
Installment with 30% Down Payment
Details
Values
Down Payment (%)
30%
Down Payment
47,370
Processing Fee
1,800
Total Upfront
49,170
Monthly Charges
5,000
Total Cost
232,126
Installment with 35% Down Payment
Details
Values
Down Payment (%)
35%
Down Payment
55,265
Processing Fee
1,800
Total Upfront
57,065
Monthly Charges
4,643
Total Cost
228,821
Installment with 40% Down Payment
Details
Values
Down Payment (%)
40%
Down Payment
63,160
Processing Fee
1,800
Total Upfront
64,960
Monthly Charges
4,286
Total Cost
225,516
Installment with 45% Down Payment
Details
Values
Down Payment (%)
45%
Down Payment
71,055
Processing Fee
1,800
Total Upfront
72,855
Monthly Charges
3,929
Total Cost
222,211
Installment with 50% Down Payment
Details
Values
Down Payment (%)
50%
Down Payment
78,950
Processing Fee
1,800
Total Upfront
80,750
Monthly Charges
3,571
Total Cost
218,906
Meezan Apni Bike Financing: A Shariah-Compliant Solution
Meezan Apni Bike Financing revolutionizes motorcycle ownership in Pakistan. Operating under the Musawammah mode, a Shariah-compliant financing method, we ensure ethical and hassle-free transactions. This plan is perfect for anyone looking for a 0 markup installment plan bike or Honda 70 on installments.
Key Features & Benefits:
Financing Mode: Musawammah
Ownership Transfer: Immediate upon signing the delivery order
Product Range: Includes all major brands like Honda, Suzuki, Yamaha
Flexible Tenure: Options of 1, 2, and 3 years
Down Payment: Minimum 15%, maximum 50% of the vehicle’s cost
Available Cities: Karachi, Lahore, Faisalabad, and more
Charges: PKR 1,800 non-refundable processing fee + actual documentation charges
Payment Method: Direct debit from Meezan Bank account
Early Termination: No additional profit for early closure
Shariah Compliance: Ensuring Ethical Financing
Our Meezan Bank Ijarah and Meezan Bank bike on installment plans are strictly Shariah-compliant and monitored by Pakistan’s dedicated Shariah Board. This ensures your bike loan from the bank aligns with ethical financing principles.
Ownership and Responsibilities
Upon agreement, the bank acquires the bike and sells it to you at a mutually agreed price. All rights and liabilities of the bike transfer to you, the customer, while you commit to the agreed installment payments.
Securing Your Bike Financing: A Step-by-Step Guide
Application Process: Complete a customer application form at selected Meezan Bank branches.
Documentation: Provide necessary personal and financial documents.
Approval Time: Typically 5-7 working days.
Bike Delivery: According to the manufacturer’s schedule.
Documentation Requirements:
General: CNIC copy, passport-sized photo, declaration of financing, signature verification
For Salaried Individuals: Bank statement (last 6 months), pay slip, employment certificate
For Businessmen/Self-Employed: Bank statement (last 12 months), proof of business (2 years)
Eligibility Criteria:
Age: 20-65 years (Businessmen/Self-Employed), 21-60 years (Salaried)
Income: Minimum PKR 40,000 (Salaried), PKR 75,000 (Self-Employed/Businessmen)
Debt Burden Ratio: 40% of net monthly income
Tenure: 1-3 years, varying with bike origin
Payment Mode: Direct debit from Meezan Bank account
Meezan Bank’s motorcycle installment plans make owning an Atlas Honda CD 70 bike easier than ever in Pakistan. With our transparent and Shariah-compliant process, you can embark on your journey with peace of mind.
We have meticulously detailed all the information regarding the 12, 24, and 36-month Honda CD 70 installment plans available through Meezan Bank. This comprehensive guide offers an extensive overview of various down payment options, monthly installments, and total costs associated with each plan. It is designed to assist you in making an informed decision about your motorcycle financing in a way that best suits your financial situation.
Important Notice: Please note that the prices and rates mentioned in these plans are subject to change based on market conditions and Meezan Bank’s policy. We recommend consulting with Meezan Bank directly or visiting their website for the most up-to-date information before making any financial commitments.
About the Author: Hamza Sarfraz
Hamza Sarfraz is a seasoned SEO and digital marketing expert based in Pakistan with 4 years of experience. Specializing in technology and health, he has a knack for simplifying complex topics into compelling narratives. Leveraging deep SEO insights, Hamza consistently delivers high-quality content that resonates with audiences and adds value to businesses. Discover more about him on his LinkedIn profile.